GLOBALIZATION!
Throughout history humans have been controlled by one thing... resources. And the quest to achieve control of resources to satisfy the wants and needs of humans. as technology has improved, humans have been able to obtain more and more resources through interactions with other countries.
Globalization is a now universally accepted system of economic development. Though there are downsides. the most prominent is the idea of getting cheaper resources elsewhere. China seems to be the best place to get these cheap resources, trafficking in over $300 in revenue each month. And while this is something every country has always strived for, we were never expecting the negative effects of it.
With going to other countries in the hopes of being more wealthy, we tend to leave behind what we don't really need (I.E our old workers back in the home country) and it just gets worse as without jobs they cant afford the products their being sold out for anyway, creating a terrible snowball effect. The unemployment rate right now is at 9%. Partly caused by globalization.
This is prominently viewed as creating an impoverish nation, which isn't befitting anyone. its not that its a bad system, its just not a plausible thing to act on yet. Unfortunately this is actually a form of evolution though it has more negative influences then good, thus it is inevitable. though I do wish all the companies would put there heads together and come up with some solutions though.
ReplyDeleteLoan Opportunity Offered By Mr, Pedro That Save My Family From Financial Bondage
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